Claims
UK's Hertzell urges Australia's insurers to share data to prevent fraud
David Hertzell, head of a UK government taskforce on insurance fraud, has urged Australia's insurers to share data to help reduce fraud.
Blog: Enterprise Act - how other jurisdictions have dealt with late payments
The absence of a right to damages for late payment of claims in English law was based upon a legal fiction that the insurer's obligation is to hold the policyholder harmless against the insured peril, and any recovery under the policy constitutes damages…
Blog: Loss adjusters must get ready for new insurance contract law
The Enterprise Bill received royal assent on 4 May and the Insurance Act comes into force in August, both with the proclaimed aim to bring insurance contract law up to date and provide greater clarity for all customers
In Depth: Wearable Tech: More science fact than fiction, but is there a wearable future for insurers?
As wearable tech becomes more mainstream, what are the risks for the industry?
Interview: Indro Mukerjee, Watchstone
Against the backdrop of legal action and a fraud investigation, Jonathan Swift finds out how Indro Mukerjee is burying the Quindell past and focusing on the future.
Career development: DAS Law launches graduate academy with focus on PI litigation
Bristol-based DAS Law is launching an academy to offer practical, hands-on legal experience for law graduates and post graduates in the region
Claims Awards Asia: An inspirational win for Bajaj Allianz
Praveen Chhajed, vice president and head of non-motor claims at Indian insurer Bajaj Allianz, reflects on winning two awards at the Claims Awards Asia last year.
Aviva’s Tom Gardiner to chair IFB’s technical board
Tom Gardiner, head of fraud at Aviva, will take the lead on the Insurance Fraud Bureau’s technical board, replacing Richard Davies.
Blog: New minimum wage increases retail's exposure to claims
The new minimum wage brings new risks to the retail sector, increasing premiums, exposure to claims and reputational risks
In Depth: Terrorism - Protecting the City: is the market prepared for a terror threat?
Should the insurance industry be scenario testing to ready itself for the future?
Research: State of the Risk Management Nation: Part Three: Services
In the third part of this research, Michèle Bacchus asks the risk managers whether commodotisation is a concern and discusses the merits of the services offered by the insurance industry.
Japan's P&C insurers improved CORs in 2015/16 fiscal year, says Fitch
Japan's property and casualty insurers improved their average combined operating ratios from 95% in fiscal year 2014/15 to 92% this year.
Kickboxer fined after fraudulent whiplash claim
A kickboxer who claimed for whiplash after a car accident but then took part in a full contact fight has been fined.
Trade Voice: Higher standards of legal professionalism to tackle claims woes
For some, claims litigation is big business. The claims market is remarkably resilient and adaptable, seemingly capable of an endless identification of new claims opportunities to maintain and grow revenue and profits
Video: IBIS 2016 - Issues affecting the bodyshop industry
Burhan Khadbai talks to delegates at the IBIS 2016 about issues affecting the bodyshop industry.
DFT confirms it will amend Road Traffic Act to cover driverless technology and invites insurers to consult on legislation
A government minister has called for the insurance industry to participate in a consultation over regulations surrounding the cover of autonomous vehicles.
ABI: 85% of claims from floods caused by storms Desmond, Eva and Frank paid out
More than four out of five claims from the winter floods have been paid, with total damages expected to reach £1.3bn, according to the Association of British Insurers.
IBIS 2016: Days of human intervention in low value motor claims could be numbered
The use of technology will dramatically change the way motor claims are handled, delegates were told at the IBIS Global Summit 2016 in Barcelona on Tuesday.
Number of deafness claims falls after ‘unsustainable’ peak
The number of deafness claims tumbled sharply in the latter half of last year, reversing a growing trend that many viewed as unsustainable.
Corporations ‘unlikely to support database on cyber attacks’
Establishing a database of cyber attacks on UK corporations for insurers to better assess risks, could be “fraught with practical challenges” experts have warned.
Blog: Five ways telematics will change insurance by 2025
Insurance telematics has come on leaps and bounds from the rudimentary fleet tracking devices first seen in the market. It’s now becoming ever easier for drivers to qualify themselves for more appropriately priced premiums. However, a look ahead to the…
Flooding in Sri Lanka causes over £1bn in damage
Days of heavy rain has caused widespread disruption in Sri Lanka killing at least 92 people and displacing over 250,000 people.
Kumamoto earthquakes to cost Japan over £700m
The cost of April's powerful earthquakes in the Kumamoto prefecture for insurers and the government have exceeded 123bn yuan (£712m) according to the General Insurance Association of Japan.
Stranded holidaymaker in Mexico ‘didn’t declare medical condition’
Axa has declined to cover medical bills for a pensioner who fell ill on holiday in Mexico because he allegedly did not declare an existing medical condition.